Search

Applied Petroleum Economics and Risk Modelling Using Digital Tools

CODE: OG04

DURATION: 5 Days/10 Days

CERTIFICATIONS: CPD

  • Modern facilities
  • Course materials and certificate
  • Accredited international trainers

5 Days

$6,500

10 Days

$11,700

Course Overview

This course provides a comprehensive understanding of petroleum economics and risk modelling with a strong emphasis on practical applications using modern digital tools. Participants will explore core concepts such as project evaluation, cash flow modelling, investment appraisal, portfolio management, and risk analysis within the upstream oil and gas sector. Through interactive sessions, case studies, and software-based exercises, participants will develop the ability to integrate economic principles with digital analytics, enabling more robust decision-making in an increasingly complex and uncertain energy landscape.

Course Delivery

This course is available in the following formats:

Virtual

Classroom

Request this course in a different delivery format.

Course Outcomes

Delegates will gain the knowledge and skills to:

Apply key petroleum economic principles for evaluating oil and gas projects.

Build and analyze cash flow and project models using digital tools.

Conduct risk and uncertainty analysis using probabilistic methods.

Perform sensitivity analysis and scenario planning to support investment decisions.

Integrate economic and technical data for effective project evaluation and portfolio optimization.

Key Course Highlights

At the end of this course, you’ll understand:

  • Practical training with industry-standard digital tools for economic and risk modelling.
  • Real-world case studies from upstream oil and gas projects.
  • Functional application of probabilistic and deterministic approaches to risk assessment.
  • Exposure to decision-making under uncertainty with modern analytics.
  • Blended learning approach combining theory, practice, and digital simulations.
Who Should Attend

The course is designed for petroleum engineers, geoscientists, energy economists, asset managers, project analysts, and financial professionals working in the oil and gas industry who are involved in project evaluation and decision-making. It is equally valuable for early- to mid-career professionals seeking to strengthen their economic and risk assessment skills, as well as individuals aspiring to pursue careers in petroleum economics, portfolio management, and energy investment analysis.

Upcoming Course Dates

Delivery Format: Classroom & Virtual

Date: 09/03/2026

Location: Atlanta ($6,850)

Delivery Format: Classroom & Virtual

Date: 06/04/2026

Location: London

Delivery Format: Classroom & Virtual

Date: 05/10/2026

Location: London

Applied Petroleum Economics and Risk Modelling Using Digital Tools

✓ Modern facilities

✓ Course materials and certificate

✓ Accredited international trainers

✓ Training materials and workbook

✓ Access to online resources

Your request has been sent the team will get back to you within 24 hours

Download Course Detail